Amazon’s iRobot acquisition has been cancelled

Amazon has been ready and willing to acquire robot vac maker iRobot, but their efforts have been shut down. Amazon’s proposed acquisition of iRobot has no path to regulatory approval in the European Union, preventing Amazon and iRobot from moving forward together.Estimated reading time: 3 minutesBoth companies have agreed to terminate the acquisition, without penalty, due to the EU regulatory red tape. The companies had announced, back in 2022, that they were working on an acquisition, this deal would

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